YieldMax™ Launches Its First Target 12™ ETF Introducing the Target 12™ Big 50 Option Income ETF (BIGY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Should l Buy ?
Source: Globenewswire
Launch of YieldMax™ Target 12™ ETFs: YieldMax™ has introduced the YieldMax™ Target 12™ Big 50 Option Income ETF (BIGY), which aims for a target annual income level of 12% through selling options contracts on a portfolio of 50 large U.S. companies, while also seeking capital appreciation.
Investment Strategy and Risks: BIGY's strategy involves actively managing its equity portfolio and writing options to generate income; however, investors should be aware of various risks including distribution variability, market volatility, and potential losses due to the nature of options trading.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
